Britain's vote to leave the EU has unleashed global market turmoil and the FTSE 250 index, focused on the domestic economy, is enduring a sustained battering.
The UK accounting watchdog has launched an investigation into PwC's audit of BHS, the latest development in the fallout from the UK retailer's collapse.
The OBR is likely to slash its revenue forecasts from the sale of Britain's rescued banks later this year, Sky News understands.
Concerns have been raised over the uncertainty surrounding the sale of Tata's UK business following Britain's decision to leave the EU.
LONDON Shares in Britain's top banks suffered further deep losses on Monday as fears about the fallout from Brexit sparked a litany of earnings downgrades and sell-offs by shell-shocked investors.